Life Insurance Corporation of India has increased its shareholding in Coforge. The corporation’s shareholding in ‘Coforge’ has increased from 30,38,803 to 30,73,908 Equity Shares increasing its shareholding from 4.976% to 5.033% of the paid-up capital of the said Company. The corporation’s holding in the company crossed 5% on January 16, 2023 and acquisition of shares done at an average cost of Rs 3901.28.
Life Insurance Corporation of India, popularly known as LIC is Indian state-owned insurance group and investment company.